Factory farmed investment

Article Abstract:

The property market in Telford, UK, is booming, particularly in the manufacturing sector where international groups including Ford, Siemens Automotive Systems and NEC have recently unveiled expansion plans. However, as yet there are few signs of any speculative development, with rents still below the level at which developers will build speculatively. The town's office property sector is less buoyant, although lettings have improved slightly and the oversupply is being eroded gradually.

Real estate industry, Shropshire, England

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Crossing the great divide

Article Abstract:

The Second Severn Crossing has been opened by the Prince of Wales. The 330 million pound sterling bridge links Bristol and South Wales and it is expected to make significant changes on both sides of the water. According to Eddie Lambah-Stoate of the CBI's Avon County Group, research and development, logistics, and service industries are expected to prefer Avon area, while manufacturing plants will favour South Wales. The implications of the new link are discussed further.

Beliefs, opinions and attitudes, Wales, Bridges, Bridges (Structures), Bristol, England, Avon, England

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Trading hopes as defence declines

Article Abstract:

Efforts are being made to attract inward investment in Cumbria and Lancashire by various organisations. The countries are being affected by downsizing in the defence industry. Cumbria has an umemployment rate of roughly 9.4% and about 250,000 employees. Lancashire had an unemployment rate of 8% in 1994.

Administration of Economic Programs, Economic Programs-Local, Economic policy, Economic development, Lancashire, England, Cumbria, England

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